Legal Opinion
Crandall v. Shepard
Supreme Court of Georgia
Decided March 14, 1928No. Nos. 6273, 6324PublishedCited by 9 opinions
1Opinion of the CourtHines, J.
“Persons who organize a company and transact business in its name, before the minimum capital stock has been subscribed for, are liable to creditors to make good the minimum capital stock with interest.” Civil Code (1910), § 2220. Hnder that section, all persons who participate in the organization of the corporation and the transaction of business in its name, before the minimum capital stock has been subscribed for, although they be *401not directors or officers of the corporation, are liable to creditors to make good the minimum capital stock, with interest. This is the plain meaning of the…
2Cases cited23 opinions
- Hecht v. Snook & Austin Furniture Co.Supreme Court of Georgia · 1902
- Blaisdell v. BohrSupreme Court of Georgia · 1881
- Melson v. DicksonSupreme Court of Georgia · 1879
- Brown v. WilcoxSupreme Court of Georgia · 1918
- Athens Apartment Corp. v. HillSupreme Court of Georgia · 1923
18 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Hermann v. MobleySupreme Court of Georgia · 1931
- Willson v. Appalachian Oak Flooring & Hardware Co.Supreme Court of Georgia · 1965
- Quitman Cooperage Co. v. Peoples First National BankSupreme Court of Georgia · 1933
- City of Atlanta v. AycockSupreme Court of Georgia · 1949
- Collins v. GarrettCourt of Appeals of Georgia · 1934
4 more not listed; retrieve them via the Exa API.